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Full-Text Articles in Income Distribution
Essays On Market Design And Auctions, Mingshi Kang
Essays On Market Design And Auctions, Mingshi Kang
Electronic Thesis and Dissertation Repository
My thesis consists of three chapters that contribute to redistribution-driven market design and sponsored link auctions.
Chapter 2 and 3 (co-authored with Charles Zheng) study redistribution-driven market design with endogenous buyers and sellers. In Chapter 2, we consider a large market environment with each individual endowed with equal shares of a limited resources and allowed to buy or sell the shares. We characterize the interim (incentive-constrained) Pareto frontier subject to market clearance and budget balance, and find that at most two prices are needed to attain any (interim) Pareto optimum. Under robust conditions of the primitives, the Pareto optimal allocation …
Essays In Economics Of Education: Teacher Labour Markets And Earnings Of University Graduates, Tomasz M. Handler
Essays In Economics Of Education: Teacher Labour Markets And Earnings Of University Graduates, Tomasz M. Handler
Electronic Thesis and Dissertation Repository
This thesis consists of three substantive chapters, which explore topics related to the economics of education. Two of the chapters examine teacher labour markets, and one chapter examines the earnings of university graduates.
In Chapter 2, I create a new and unique dataset to examine how teacher characteristics affect the probability of acquiring a permanent teaching position in the Ontario public school system. This chapter provides evidence of how difficult it was for recent Ontario teachers’ college graduates to obtain a teaching job. The odds of finding a position in 2006 were, on average, around four times higher than they …
Essays On Human Capital And Inequality, Youngmin Park
Essays On Human Capital And Inequality, Youngmin Park
Electronic Thesis and Dissertation Repository
This thesis conducts positive and normative analysis of inequality based on human capital theory. In Chapter 2, we document important differences in early child investments by family income and study four leading mechanisms thought to explain these gaps: intergenerational ability correlation, consumption value of investment, information frictions, and credit constraints. We evaluate whether these mechanisms are consistent with other stylized facts related to the marginal returns on investments and the effects of parental income on child investments and skills.
In Chapter 3, I study optimal higher education subsidies when parents’ willingness to pay for their children's education differs due to …